Sanyo Electric to sell semiconductor unit to ON Semiconductor

TOKYO, Japan - (From L to R) Sanyo Electric Co. Vice President Susumu Koike, ON Semiconductor Corp. President Keith Jackson and Sanyo Semiconductor Co. President Teruo Tabata shake hands in Tokyo on July 15, 2010, after Sanyo Electric agreed to sell its semiconductor unit to a wholly owned subsidiary of the U.S. chipmaker for 33 billion yen. (Kyodo)

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Kyodo / Kyodo News Images

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